India-EU FTA Duty Cuts Boost Premium Liquor Market
Liquor merchants in India welcome the India-EU Free Trade Agreement's tariff reductions on European wines, beers, and spirits, expecting lower prices and premiumisation of the market.
Category : Business
Budget 2026: Boost Public Capex, Contain Borrowing Costs
The upcoming Union Budget must focus on enhancing public capital expenditure in local infrastructure while controlling fiscal deficit to support India's economic growth amid global uncertainties.
SBI Mutual Fund IPO: $1.2-1.4B Filing by Feb, April Listing
SBI Funds Management, India's largest asset manager, plans to file draft IPO papers by mid-February for a $1.2-1.4 billion offering, targeting an April listing. SBI and Amundi will divest shares to meet regulatory requirements.
Corporate Bond Issues Fall 6% in FY26 Amid High Yields
Corporate bond fundraising in India declined 6% to ₹6.76 trillion in FY26's first nine months despite RBI rate cuts, as high yields and global trade shifts made borrowers cautious.
Western Union Opens AI Innovation Centre in Hyderabad
Western Union establishes a new Global Capability Centre in Hyderabad focusing on AI-led innovation and technology engineering, in partnership with HCLTech, to enhance digital payments infrastructure.
UP Secures Rs 3 Lakh Crore Investment at Davos
Uttar Pradesh government signs 31 MoUs worth nearly Rs 3 lakh crore at Davos WEF, with major investments in data centers, renewable energy, and manufacturing sectors.
Gold, Silver Prices Soar to Record Highs in Mumbai
Gold and silver prices surged to unprecedented levels in Mumbai's domestic market, driven by global safe-haven demand and industrial factors. Silver's rally is fueled by EV, solar, and tech sectors.
Renault: India-EU FTA to Boost Chennai as Global Auto Hub
Renault says the proposed India-EU Free Trade Agreement could transform its Chennai facility into a key global manufacturing and export hub for vehicles and components, driving profitability.
SC Tiger Global Ruling Spurs Tax Insurance Demand
Following the Supreme Court's landmark Tiger Global judgment, companies are increasingly seeking tax indemnity insurance and legal protections for past investments. The ruling clarifies that tax residency certificates alone may not guarantee DTAA exemptio
MarketSmith India's Stock Recommendations for January 28
MarketSmith India recommends UltraTech Cement and Hindustan Copper as top buys for January 28. Get detailed analysis, technical insights, and risk factors for these stocks amid positive market sentiment.
Raja Venkatraman's Stock Picks for 28 January
Market expert Raja Venkatraman recommends three stocks for trading on 28 January 2026, including Grasim Industries, Eicher Motors, and Blue Star, with detailed analysis and technical levels.
Hindalco Invests Rs 37,000 Crore in Odisha for Aluminium Growth
Hindalco Industries announces a massive Rs 37,000 crore investment in Odisha to expand aluminium smelting, set up manufacturing plants, and develop mining projects, boosting India's manufacturing ecosystem.
India-EU Trade Deal Boosts Export Stocks, Hits Auto & Wine
Stocks of Indian companies poised to benefit from the India-EU trade deal surged, with seafood exporters like Apex Frozen Foods gaining 12%, while auto and wine sectors faced declines due to European competition.
Bengaluru Airport Forex Outlet Fined for Unfair Practices
A Bengaluru consumer commission has penalized Ebixcash World Money at KIA airport for charging exorbitant conversion fees on Thai Baht, ordering refunds and compensation to three Electronics City residents.
Trichy Bank Strike: Employees Demand 5-Day Week
Thousands of bank employees in Trichy protested, demanding a five-day work week. The strike disrupted branch operations but digital services remained functional.
Bangladesh Textile Mills Shutdown: Impact on Indian Yarn
Bangladesh Textile Mills Association calls indefinite closure from February 1, creating both opportunity and risk for Indian yarn exporters, especially from Vidarbha region.
Rajasthan Solar Policy Shift: 500MW for State Use
Rajasthan will receive 500MW from SJVN's Bikaner solar project for local consumption, marking a policy shift from exporting green power. The Rs 5,492 crore project offers competitive tariffs.
Ahmedabad's Rs 93 Crore Parking Complex Set for Full Sale
Ahmedabad Municipal Corporation's Prahladnagar multilevel parking-cum-commercial complex, built for Rs 93 crore, will be sold entirely to private players after failing to attract buyers in four auctions. The new owner can repurpose the building completely
Surat Textile Traders' Budget Demands to FM
Surat textile traders have submitted key demands to Finance Minister Nirmala Sitharaman ahead of Budget 2026, including a textile university, R&D funds, and tax portal reforms.
Indian Stock Market Cautious, Eyes Budget Amid Global Risks
Indian equities trade cautiously amid global uncertainties, with investors focused on Union Budget cues. Expert Vaishali Parekh shares technical outlook and stock recommendations for intraday trading.
Bengaluru's 23-km BBC Road to KIA Prioritised, Tenders by March
The 23-km BBC stretch connecting Kempegowda International Airport to NICE Road in Bengaluru is prioritised for development, with tenders expected by March 2026 to enhance connectivity and toll collection.
BDA Denies Graveyard Claims in Bengaluru Layout
Bangalore Development Authority refutes viral social media allegations that residential sites in Shivaram Karanth Layout were carved from a graveyard, calling the claims impossible.
Bengaluru's Longest Tunnel Underpass Near Yelahanka Airbase
Bengaluru is set to develop its longest tunnel-like underpass near Yelahanka airbase, featuring a 320-metre covered depressed service road, an 800-metre surface-level road, and relocation of IAF assets, enhancing urban infrastructure and connectivity.
Telangana Tenant Farmers to Hit 65% by 2047
A new analysis projects tenant farmers in Telangana will reach 65% by 2047, with landholdings shrinking below 1 hectare. Experts warn of credit access issues and call for legal reforms.
India-EU FTA to Double Gems & Jewellery Trade to $10B
The India-European Union Free Trade Agreement eliminates 2-4% duties on precious jewellery, potentially doubling bilateral gems and jewellery trade to $10 billion within three years, offering crucial relief amid declining US exports.
Bengaluru Bank Operations Hit by Nationwide Strike
Banking services across Bengaluru were severely impacted as public sector bank employees participated in a nationwide strike, protesting against government policies.
New Weekly Trains Launched Between Bengaluru and West Bengal
Indian Railways has introduced three new weekly train services linking Bengaluru in Karnataka with West Bengal, enhancing connectivity and travel options for passengers between the two states.
Bank Unions: Strike Proves 5-Day Week Feasible in Nagpur
Public sector bank unions in Nagpur declared their one-day strike successful, arguing it demonstrated that a five-day banking week is viable without disrupting essential services like money transfers.
Yavatmal Farmers Hit by Artificial Urea Shortage
Farmers in Yavatmal district allege artificial urea shortage created by dealers, forcing costly fertilizer linking schemes during critical Rabi crop stage after Kharif losses.
Panipat Farmers Face 15% Sugarcane Yield Drop
Farmers in Panipat, Haryana, are concerned as sugarcane yield has declined by 15% this season, impacting their livelihoods and raising questions about agricultural sustainability.
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